EoW November 2010

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EuroWire – November 2010 21
corporatenews
Asia Pacific Wire & Cable Corporation Ltd
(APWC), manufacturer of wire and cable
products for the telecommunications and
electric power industries in Asia-Pacific
markets, has announced that its
subsidiary, Siam Fiber Optics Co Ltd, has
signed several major contracts to a total
value of Baht 592 million (approximately
$18.4 million).
The contracts include:
A contract with Marubeni Thailand Co •
Ltd to deliver 5,650km of fibre-optic
cable over a seven-month period
A THB 121 million ($3.8 million) •
contract to deliver 2,794km
of fibre-optic cable to TOT Public
Company Limited, a state-owned
telecommunications company. The
contract commenced inMay 2010 and
was expected to run for four months
Two contracts from Thai Transmission •
Industry Co Ltd to provide 4,130km
ADSS and 4,324km dropwires of
fibre-optic cables in an effort to link
the telecommunication network
for all the domestic universities in
Thailand totalling THB 258 million
(approximately $8 million) over
approximately 14 months
Siam Fiber Optics Co Ltd is 60% owned by
Charoong Thai Wire and Cable Co, and the
latter is 51% directly or indirectly owned
by APWC. The other three non-controlling
interest parties own the remaining 40% of
Siam Fiber Optics Co Ltd.
Asia Pacific Wire and Cable Corporation
is pleased by the strong demand for the
telecommunications products in Thailand,
viewing the contracts as representative
of stable growth in the telecommuni-
cations cable business. The company
anticipates continued strong demand
for wire and cable, together with the
expansion of telecommunications and
electrical infrastructure in the growing
Asia-Pacific region.
Asia PacificWire & Cable Corporation
Ltd – Taiwan
Website:
Siam Fiber Optics Co Ltd – Thailand
Website:
Contracts for Thai subsidiary New additions
at Windak
Windak has made three new appoint-
ments for its Swedish and Estonian
offices.
Pär Wallmark will be based in
Sweden, working on sales and project
management in the EMEA area.
Margo Paakspuu will be working as a
mechanical designer in the Estonian
office. He has five years’ experience in
mechanical design and production
technology, and a Masters degree in
engineering science specialising in
product development.
Dmitri Gomon will be quality assurance
manager at Windak’s production plant
in Estonia. Dmitri has four years’ experi-
ence in mechanical design, product
development and manufacturing, with
a Masters degree in engineering science
specialising in material science.
Windak AB – Sweden
Fax: +46 858 03 8955
Email:
Website: